USDA's September WASDE Report Set to Shake Up Corn and Soybean Markets

The USDA's World Agricultural Supply and Demand Estimates (WASDE) report for September is set to be released on Friday, September 11 at 12:00 p.m. ET, with corn and soybean markets in particular paying close attention.

The report provides a monthly benchmark for annual supply and utilization forecasts covering US and global wheat, rice, coarse grains, oilseeds, and cotton, as well as several livestock and dairy categories.

For farmers, the WASDE matters because updated production, supply, and demand expectations can quickly reshape price expectations and marketing decisions. The report will influence not only commodity traders but also lenders, insurers, input suppliers, and rural businesses tied to farm profitability.

Corn and soybeans are two crops central to US farm income and the agricultural supply chain, with changes in expected production or demand altering ending stocks and the supply outlook traders use to assess prices. The September WASDE will provide USDA's latest official snapshot of the balance between commodity prices and an increasingly complex cost structure.